Speedway Convenience Store Investment
For Sale
Contact for pricing
1 Romeroville Frontage Rd, Las Vegas, NM 87701
Single-tenant Speedway store with high-capacity fueling infrastructure on 7 acres.
Property Size4,000 SF
Lot Size7.00 Acres
Price / SF$1,270
Days on Market195
Property Features for 1 Romeroville Frontage Rd
General Information
Standard status
Active
Size
4,000 SF
Class
B
Total Parking Spaces
15
Lot size
7.00 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
2000
Year Renovated
2026
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
NorthMarq Albuquerque
(505) 219-0724
Listed By:
Cynthia Meister · License #19245
Source:
Crexi
Added: Jan 29
Changed: Aug 8
Last Checked: Aug 11 at 6:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthMarq Albuquerque
Investment Insights
Based on property information with market context.
The property presents an opportunity to acquire a single-tenant Speedway convenience store with high-capacity fueling infrastructure, situated across 7 acres. The property is reported to be a top-performing 7-Eleven in New Mexico and in the top 3% nationwide. It is leased on a long-term Absolute NNN lease with contractual rent increases every three years throughout the initial term, providing income growth and complete expense pass-through. Speedway is one of the largest convenience store operators in the Southwest and is owned and operated by 7-Eleven. The parent company generated $81.46 billion in total revenue in 2024, a 4.4% year-over-year increase, and holds an investment-grade credit rating of A by S&P. The property benefits from immediate access to Interstate 25, also known as the Pan-American Freeway, and is located at the convergence of I-25 and U.S. Route 84, a key regional and interstate traffic corridor through northern New Mexico. The property is approximately 4,000 square feet.
Key Highlights
- Top‑performing Speedway (7‑Eleven) location in New Mexico and top 3% nationwide.
- Long‑term Absolute NNN lease with contractual rent increases every three years.
- Located with immediate access to Interstate 25 (Pan‑American Freeway) at the convergence of I‑25 and U.S. Route 84.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87701, NM
18,387
Population
9,699
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
88%
High-School Grad
1,601.8 sq mi
ZIP Area
11
Density / Sq Mi
$48,115
Median Household Income
$29,345
Median Earnings
$756
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant Speedway store with high-capacity fueling infrastructure on 7 acres.
Where is this grocery and convenience store located?
The property is located at 1 Romeroville Frontage Rd Las Vegas, NM.
What is the asking price?
The asking price for this property is $5,080,000.
What are key features of this property?
This property features: Top‑performing Speedway (7‑Eleven) location in New Mexico and top 3% nationwide.; Long‑term Absolute NNN lease with contractual rent increases every three years.; Located with immediate access to Interstate 25 (Pan‑American Freeway) at the convergence of I‑25 and U.S. Route 84.
